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Search Results 0 to 20 of about 21 (some duplicates have been removed)
the crisis. i asked our brussels correspondent what sort of support france could expect from other eu member states. >> eu representatives have formally ruled out the option of military intervention. the most likely outcome will be that we will find out more about the training mission that is planned, where the eu plans to train malian soldiers to combat on the ground. it is an issue that african soldiers will have to deal with. the eu does not want to get involved too much. we will find out more about the training mission. >> are there any dissenters? this is a job for nato -- and who are saying this is a job for nato? >> nato can only intervene if france formally request aid, and it has not done so. this is a job that has to be done by the ecowas, by the west african soldiers on the ground come together with mali -- on the ground, mali together withan soldier -- on the ground, together with malian soldiers. it was an action taken by an individual member state, i.e., france. the member states say they will support friends, but they will not get their boots on the ground. >> thanks for that.
of there being a straight referendum on being an in/out referendum, part of the eu, not part of the eu, which is mixed from where most people think they are. >> some of the surveys show the people becoming more worried about it and we saw those comments, what's his face, labor leader over the weekend saying that he's walking out of the eurozone. so clearly, he finds that there's political gain to be made from -- >> and then you saw this british train commerce survey, just 26% of them wanted to keep the status quo, right? >> i thought this was extraordinary. i was surprises how low it is. in this survey, when you ask businesses about how much in favor they are of keeping things the same, only 24%. >> 59% wanted a looser relationship with the eurozone. most people would say, we want to stay part of the eu, but we would like to have far less regulation, far less judgments than just have been contemplated from the european court. >> is britain going to be able to say that where they get rid of the regulation and teen the market and all that? >> that's the number one question. >> and we will explo
.k., the british finance minister, george osbo e osborne, wants the e.u. to toughen bank regulation across the 27 member states. britain's set plans in motion to separate retail investment decisions in part on proposals from the finnish central bank governor. the fed is also reportedly considering a plan to help banks avoid costly regulations aimed at preventing derivatives trading from being subsidized by taxpayers. the "financial times" says it stems from the lincoln amendment, included in the 2010 dodd-frank law. it prohibits banks that have access to federal deposit insurance or fed credit from acting as derivatives dealers. u.s. banks will still be able to trade some products like interest rate swaps. under the rule, foreign banks would be forced to move their u.s. derivatives activities off their books. >> yeah. if you followed that, you get a gold star this morning. it's a tricky one. >> there's a law that means foreign banks will have problems trading derivatives in the united states. >> charlie, any thoughts here? >> you know, it's part of this broad regulatory framework being put in pla
airways that we should undertake serious discussions between the u.s. and the e.u. at the same time, i think we need to be realistic. how is it to hot, over 10 years ago and i think they were unnecessarily optimistic views about how quickly it could be done and how uncomplicated it was ended turned out that caution was the better part of judgment. the e.u. has events regulatory issues and i think it would have to be willing to essentially to open up their markets and not use various procedures to try to safeguard their market. so i favor receiving, but with an understanding that their argument issues to be looked at. and it's not going to have been very, very quickly, but i'm in favor of starting it. i do my >> just simply fancy language for regulation. and now, whether we're going to allow european meat that may be contaminated with mad cow disease and they have the same concern. inevitably out of apple, reconfiguration of the regulatory safety net on both sides of the atlantic. is that a charming prospect to you? or d.c. opportunities to really kind of streamlined related to the econ
was the better part of judgment. the eu has immense regulatory issues, and i think that they would have to be willing to essentially open up the markets and not use various procedures to try to safeguard the market. so i favor proceeding, but with an understanding that there are immense issues to be looked at. and it's not going to happen very quickly. but i am in favor of starting it. >> talking about nontariff trade, it is fancy language for regulations. whether we will allow european beef that could be contaminated with mad cow disease. inevitably out of that, there will come a reconfiguration of the safety net of the regulatory safety net on both sides. is that a troubling prospect you? dc some opportunities to streamline the way the two economies govern themselves? >> we have dealt with the issues with safeguarding other countries. we did that in the negotiations with colombia. we did that in negotiations with panama. if any two entities can resolve those issues, it is the eu and the united states. essentially, what the eu has been doing, in my judgment, to use regulatory provision
unlikely that there could be that kind of evidence in the e.u. so i think we're going to see a very similar result in europe. >> reporter: still, another issue has popped up to plague the search giant, the state department today called a planned humanitarian visit to north korea by google executive chairman eric schmidt, "not helpful." and stressed he's traveling as a private citizen, not a representative of the u.s. government. >> susie: the auto industry closed out 2012 with a bang, marking its best year since 2005. december sales of cars and trucks were better than expected, and 2013 looks to be another banner year for the industry. ruben ramirez reports. >> reporter: worries about the fiscal cliff weren't enough to keep buyers out of car dealerships last month. people were buying a lot of cars and trucks. >> there gets to be that certain point where buying that used car or even leasing a new a new one or even just outright buying a new one, it's really not that much more to buy a new vehicle and you can get that joy of that new car smell. >> reporter: helping auto sales last year is tha
.s. and e.u. at the same time, i think we need to be realistic. i was -- [inaudible] what was that? over ten years ago, and i think there were unnecessarily optimistic views about how quickly it could be done and uncomplicated it was. it turned out that caution was better part of judgment. i think they would have to be willing essentially to open up the markets and not use various procedures to try to safeguard their market. so i favor proceedings, but with an understanding that there are immense issues to be looked at. and it's not going happen very, very quickly. i'm in favor of starting it. [inaudible] it's fancy language for -- regulations. whether allow european -- to you see opportunities to streamline the way the two economies governor themselves? >> it's the latter. let me put it this way. we have dealt with the issues regarding safeguards, safeguards and others with ore countries. we did that in negotiation with colombia. we did that in negotiations with panama. if any two entities resolve those issues, it's the e.u. and united states. essentially what the e.u. has been doing, in my
that there could be that kind of evidence in the e.u. so i think we're going to see a very similar result in europe. >> reporter: still, another issue has popped up to plague the search giant, the state department today called a planned humanitarian visit to north korea by google executive chairman eric schmidt, "not helpful." and stressed he's traveling as a private citizen, not a representative of the u.s. government. >> susie: the auto industry closed out 2012 with a bang, marking its best year since 2005. december sales of cars and trucks were better than expected, and 2013 looks to be another banner year for the industry. ruben ramirez reports. >> reporter: worries about the fiscal cliff weren't enough to keep buyers out of car dealerships last month. people were buying a lot of cars and trucks. >> there gets to be that certain point where buying that used car or even leasing a new a new one or even just outright buying a new one, it's really not that much more to buy a new vehicle and you can get that joy of that new car smell. >> reporter: helping auto sales last year is that the average age
between the u.s. and the e.u.. at the same time, i think we need to be realistic. i was at doha -- what was that, over ten years ago? and i think there were unnecessarily optimistic views about how quickly it could be done and how uncomplicated it was. and it turned out that caution was the better part of judgment. the e.u. has immense regulatory issues, and i think they would have to be willing, essentially, to open up their markets and not use various procedures to try to safeguard their market. so, um, i favor proceeding but with an understanding that there are immense issues to be, to be looked at. and it's not going to happen very, very quickly. but i'm in fave of starting it -- i'm in favor of starting it. >> [inaudible] nontariff trade barriers which is just simply fancy language for, you know -- >> exactly. >> -- for regulations, you know, whether we're going to allow european feeds that might be con -- needs that might be contaminated with mad cow disease, and they have the same concerns. inevitably out of that is going to come a reconfiguration of the regulatory safety net on
with them in ireland where i met with a distinct lack of enthusiasm from the e.u.'s group and the independent demigs on banking. sir john vickers, chairman of the independent commission, has criticized the u.k. coalition government for backing away from his original proposal while the recent report summarizing the responses received from the report acknowledges the widespread opposition to the proposal in a charmingly understated fashion, stating they welcome the group's analysis but argued that a compelling case of trading activities hasn't been made. they felt the proposal wasn't backed by the required evidence and there was a need for a thorough impact assessment. with all due respect to my friends in the european financial regulaer to community, when a regulatory proposal is viewed within the e.u. as being too harsh and the financial industry and harmful to marks, i think it's a clear sign it's time to take a step back and re-evaluate. regardless of what happens with respect to the vickers or like then proposal, even if all the most visitry olic allegations wall street
proposals set forth by the u.k. independent commission on banking and the e.u.'s likennen group. indeed, sir john vickers, chairman of the independent commission, has already criticized the u.k. coalition government from backing away from his original proposal while the european commission's recent report summarizing the responses received to the likennen report acknowledges the widespread opposition to the proposal in a charmingly understated fashion, stating: in general banks welcome the group's analysis but argue that a compelling case for mandatory separation of trading activities hasn't been made. they felt the proposal wasn't backed by the required evidence and that there was a need for a thorough impact assessment. with all due respect to my friends in the european financial regulatory community, when a regulatory proposal is viewed within the e.u. as being too harsh on a financial industry and harmful to markets, i think it's a clear sign that it's time to take a step back and reevaluate. regardless of what happens with respect to the vickers or likennen proposals, even if all of the
. i want you to react. start with number 10, that eu structural problems we main unresolved. when i first heard that, i don't think they will be unresolved. you're right, the market has bid things it's looking like the world is better. >> last year, all the european markets were up and europe was in a semi-recession and all the european markets were up semi-20% and i have them down this year in reaction. >> what about the euro? >> euro is relative to the dollar. ecb expanding the money supply and fedex spanding money supply. it's a race to the bottom. i don't know who will win it but i don't think there will be much change to the euro. >> i don't think euro ever resolves this issue, does enough to put them off when under pressure. >> sounds familiar. >> that's the environment we're in. i do think the markets are signaling core europe and stock growing again this year, growing uf to keep the eurozone out of its recession. if that doesn't happen, markets will go down. >> the surprise component of that is the 10% decline in the various european indexes. that's what people aren't prepar
proposal, set forth by the uk independent commission on banking and the eu's group. sir john vickers, chairman of the independent commission, has argued criticized the coalition government and the backing away from his original proposal. while the european commission's recent report summarizes the responses received and it acknowledges the widespread opposition of a proposal in a determinedly understated action. it argues that a compelling case for mandatory separation of trading activities hasn't been made. they felt that the proposal is not backed by the required evidence and that there was a need for thorough impact assessment. with all due respect my to my friends in the european financial regulatory community, what a regulatory proposal is used within the eu, considered too harsh on the financial industry and harmful to markets, it's a clear sign that it's time to take a step back and reevaluate. regardless of what happens respect to the proposals, even if all of the most vitriolic allegations set forth are true, even if our financial giants act solely and ruthlessly out of self
the thing that differentiates the u.s. from so many of the other countries especially in the eu we know how to fix our problem, and we're just at lagerheads as to which way to go. >> reporter: but the head of the international monetary fund christine lagarde said here "the u.s. has to confront this." if those decisions are postponed again -- >> well it will be pushing the can down the road again which was the reproach that we made against the europeans and i don't think that the u.s. should fall in that trap. >> reporter: and with the u.s. economy now showing renewed strength, the feeling here is that the u.s. could help pull up the rest of the world, if washington could just get out of the way. charlie, norah? >> anthony mason thank you. >>> in the international press institute reports that 132 journalists were killed around the world last year and reporting on the war in syria is especially dangerous for westerners. more than two months ago american freelance correspondent james foley was abducted by armed gunmen and hasn't been heard from since. he's a friend of o
saying eu commission, the european union body is basically saying no-go with the deal. it was sproefd to close towards the end of the last year. obviously, hasn't happened. today you can see the shares down 40%. this company is going to need a new ceo, a new strategic vision. and its biggest shareholder down about .3% on the news. fedex declined to comment this morning. now let's turn our attention briefly to this. it gives us a sense of this mentality of the crisis being over, that it's kind of gripped investors to keep hearing the bullish comments we have on people in the program. spain's ten-year still below 5% even though we're seeing prices down this morning and the yield for the ten-year in italy down 4.2. quick look at the euro/dollar which is benefiting here and has been doing pretty well of late. 1.3359. adding another .1%. just for joe, i'm going to skip talking about the yen today and that's in part because the nikkei is closed. back to you guys. >> i thought you were going to reference your -- is that a golden -- were you at the gold b globes? that looks like you paid some
sessions already with our eu partners on doing exactly that. one interesting aspect you raised is those have not necessarily included the private sector or the critical infrastructure sectors. expanding the aperture to do that would make sense. >> in our last few minutes, thank you offer very important questions. secretary naplitano, as the content your future -- as you think about your future and some of the unfinished business, what is your highest priority? >> i think when i look at where i will be spending my time, aside from the management integration type issues, i think the coming immigration debate is something that we will be deeply involved in. we have deep and wide experience in those issues. cyber, we have already mentioned. then the constantly evolving types of terrorists threats and hamdi can better educate ourselves -- and how we can better educate ourselves, trained law enforcement, ascertain from history and otherwise what are better ways to identify behavior's indicate -- in take up potential violence, those are the things that concern me -- ways to identify and behavi
at the e.u. level. we have been for investigation for it almost two years by the commissioner there and his staff. during this period, they comment from everybody and we give them literally millions of documents. we are busy negotiating with them. we don't think we violated any european laws, but we're happy to have the conversation and we're sort of now waiting on with a they decide to do. we have been negotiating back and forth and they have announced that publicly. in the united states, the law is similar but different if the way it's applied. in our indication, the government to have the federal trade commission look at this and a similar investigation is underway. there were a series of hearings. i testified at the hearings and, again, i don't see the consumer arm under section 2 and we have asked the government to come back and give us the examples of things which are violations of law. we haven't seen that yet. we are also in negotiations with them. that's probably all i should say. what i would say is we talk to these people a lot. we're waiting on them at some level. the ideal sce
Search Results 0 to 20 of about 21 (some duplicates have been removed)